Description
Three companies provide clarifications to BSE regarding unusual price and volume movements in their securities
Summary
Three companies - Vipul Limited, Godfrey Phillips India Limited, and Neil Industries Limited - provided clarifications to BSE regarding unusual price and volume movements in their securities. All companies confirmed they have no unpublished price-sensitive information and attributed the movements to market-driven factors.
Key Points
- Vipul Limited (Scrip Code: 511726, NSE: VIPULLTD) clarified no pending price-sensitive information causing price movement
- Godfrey Phillips India Limited (Scrip Code: 500163) responded to query about significant volume increase
- Neil Industries Limited (Scrip Code: 539016, ISIN: INE396C01010) addressed volume increase inquiry
- All companies stated movements are purely market-driven with no company involvement
- Companies reaffirmed commitment to timely disclosure under SEBI LODR Regulations
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Companies must respond to exchange queries under Regulation 30(10) of SEBI LODR Regulations 2015
- Continued obligation to disclose price-sensitive information as and when required
- Maintenance of proper disclosure practices for all material events
Important Dates
- August 6, 2025: Date of clarifications provided by all three companies
Impact Assessment
Minimal market impact as all companies confirmed no material undisclosed information. The clarifications serve routine surveillance purposes and maintain market transparency. No operational changes or investor actions required.
Impact Justification
Routine regulatory clarifications with no material information disclosed